Reinsurance Operations Analyst

Reinsurance Operations Analyst – Salary Circa £24,000 National – Circa £28,000 London. Retirement Solutions plays a key role in providing pension schemes with solutions to meet the needs of pension scheme sponsors, trustees, and members. The Reinsurance team within Aviva plays a key role in achieving this ambition by working with reinsurance companies and pension schemes to design capital efficient solutions. The Reinsurance Operations team has sole responsibility for the on-going administration of all in force reinsurance arrangements within DBS. This role would fit somebody looking for a challenge and the opportunity to take on responsibility for administering large reinsurance arrangements in an accurate and efficient manner. A bit about the job: The role involves supporting the delivery of required reinsurance administration output, some examples of the types of tasks include but is not limited to: Producing and checking accurate monthly account and collateral materials for a portfolio of reinsurance arrangements, ensuring a robust control framework and audit trail process is adhered to. Carrying out and checking detailed analysis of insured data extracts to determine any data changes that have occurred over the year since the last review for a portfolio of reinsurance arrangements, and then applying data changes to update reinsurance premiums. Assisting and checking on-boarding of all new reinsured schemes onto the reinsurance administration system within a timely manner. Identifying areas where processes can be made more efficient and areas where the risk management could be improved. Aviva uses “smart-working”, and the person in this role will be based within our Norwich or London office. Skills and experience we’re looking for: Ideal candidate will have strong numerical skills and a good attention to detail and would have experience in Reinsurance Operations or experience of direct involvement in pension transactions, including knowledge of defined benefit pension specifications. Good working knowledge of Microsoft Excel packages (VBA experience desirable). Ability to work in a structured and organised way, and to manage multiple deadlines, to ensure that all tasks are completed on time with a good attention to detail to ensure that all materials are produced to a high standard. Strong communication skills and collaborative outlook required to build relationships and work effectively with internal and external stakeholders. Willingness to develop and progress in the role, highlighting and engaging with any training needs as appropriate. What you’ll get for this role: Salary Circa £24,000 National and Circa £28,000 London (depending on location, skills, experience, and qualifications) Generous pension (starting level Aviva contributes 8% when you contribute 2%) Eligibility for annual performance bonus Family friendly parental and carer’s leave 25 days holiday per year plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for Aviva products Brilliant flexible benefits including electric cars Aviva Matching Share Plan and Save As You Earn scheme 21 volunteering hours per year Aviva is for everyone: We are inclusive and welcome everyone – we want applications from people with diverse backgrounds and experiences. Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 60% of their time in our offices and 40% at home. To find out more about working at Aviva take a look here We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you. We’d love it if you could submit your application online. If you require an alternative method of applying, please give Abigail Aitken a call on 44 7774 789975 or send an email to abigail.aitken@aviva.com